Janus Henderson Group PLC Reduces Stake in Qualcomm Incorporated $QCOM

Janus Henderson Group PLC lowered its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 125,786 shares of the wireless technology company’s stock after selling 6,997 shares during the period. Janus Henderson Group PLC’s holdings in Qualcomm were worth $16,192,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of QCOM. Norges Bank purchased a new stake in Qualcomm in the fourth quarter worth $2,591,056,000. Wellington Management Group LLP grew its stake in shares of Qualcomm by 34.5% during the 4th quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock worth $2,861,301,000 after acquiring an additional 4,290,622 shares during the period. Geode Capital Management LLC grew its stake in shares of Qualcomm by 12.5% during the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock worth $4,931,968,000 after acquiring an additional 3,221,924 shares during the period. Invesco Ltd. increased its holdings in Qualcomm by 28.1% in the 4th quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock worth $2,163,030,000 after acquiring an additional 2,771,490 shares during the last quarter. Finally, Viking Global Investors LP boosted its position in Qualcomm by 120.1% during the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after purchasing an additional 1,720,529 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

QCOM has been the subject of several analyst reports. Daiwa Securities Group raised shares of Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price objective for the company in a report on Friday, May 8th. Barclays reissued an “underweight” rating and set a $180.00 target price on shares of Qualcomm in a report on Thursday. Guggenheim set a $200.00 target price on Qualcomm in a research report on Monday, June 22nd. DZ Bank raised Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price target for the company in a report on Friday, June 26th. Finally, Benchmark reduced their price target on Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty-one have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $203.63.

Insider Buying and Selling at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the sale, the executive vice president directly owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This trade represents a 8.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total transaction of $167,267.33. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,529 shares of company stock valued at $2,112,945 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s work on AI-native 6G networks—including distributed computing and wide-area sensing—strengthens its positioning in next-generation wireless connectivity and AI infrastructure. Qualcomm Is Shaping 6G Around AI Native Networks
• Positive Sentiment: A recent investment view highlighted Qualcomm’s roughly 2.5% forward dividend yield, strong dividend coverage and potential upside from its data-center expansion, making the stock more attractive after its decline this year. 1 Incredible Reason to Buy Qualcomm Stock Right Now
• Positive Sentiment: Analysts are discussing whether semiconductor stocks can rebound after their worst monthly performance in more than a decade. A sector recovery could improve sentiment toward Qualcomm and other chipmakers. Are Chip Stocks Poised to Stage a Recovery?
• Neutral Sentiment: Qualcomm’s latest quarterly results showed revenue of $9.95 billion, above estimates, but earnings per share slightly missed expectations and revenue declined year over year, reflecting continuing smartphone-industry pressure.
• Negative Sentiment: Morgan Stanley reportedly lowered its Qualcomm price target to $220, while another report cited a 2.6% decline following an analyst downgrade. These actions signal near-term concerns about valuation, demand and earnings growth. Morgan Stanley Cuts Qualcomm Price Target Qualcomm Stock Price Down After Analyst Downgrade
• Negative Sentiment: Executive Vice President Heather S. Ace sold 3,200 Qualcomm shares worth approximately $470,528. The transaction occurred under a pre-arranged Rule 10b5-1 plan, reducing its immediate significance, but insider selling can still weigh modestly on sentiment.

Qualcomm Stock Up 2.7%

QCOM opened at $151.57 on Tuesday. The firm has a market capitalization of $159.15 billion, a P/E ratio of 17.54 and a beta of 1.65. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The company has a fifty day moving average price of $196.48 and a 200-day moving average price of $167.51. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business had revenue of $9.95 billion during the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter last year, the business posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities research analysts expect that Qualcomm Incorporated will post 7.89 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued a $0.92 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.4%. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

About Qualcomm

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi?Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.